Cobalt articles

  • 5 Largest Cobalt Mines in the World (Updated 2024)

    Interest in cobalt has increased in recent years due to its use in the lithium-ion batteries used to power electric cars.Global cobalt mine production reached a record high of 230,000 metric tons (MT) in 2023, according to the US Geological Survey (USGS), with the help of increased output from the Democratic Republic of Congo (DRC) and Indonesia. The DRC is the world’s largest producer of cobalt by far, with its output reaching 170,000 MT last year — almost 74 percent of global supply. For...